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Bally's Corp (BALY) Stock Fundamental Analysis & AI Rating 2026

BALY NYSE Hotels & Motels DE CIK: 0001747079
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
94% Confidence
STRONG AGREEMENT
STRONG SELL
95% Conf
STRONG SELL
92% Conf

📊 BALY Key Takeaways

Revenue: $1.7B
Net Margin: -17.6%
Free Cash Flow: $-160.0M
Current Ratio: 0.68x
Debt/Equity: 7.17x
EPS: $-4.90
AI Rating: STRONG SELL with 95% confidence
Bally's Corp (BALY) receives a STRONG SELL rating with 94% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.7B, net profit margin of -17.6%, and return on equity (ROE) of -56.9%, Bally's Corp demonstrates mixed fundamentals in the Real Estate sector. Below is our complete BALY stock analysis for 2026.

Is Bally's Corp (BALY) a Good Investment?

Claude

Bally's Corp is in severe financial distress with significant negative profitability (-17.6% net margin), substantial net losses of $296.8M, and critically weak liquidity (0.68x current ratio). The company is burning cash with negative operating and free cash flows while carrying an unsustainable debt burden of $3.7B against only $521.5M in equity, resulting in a 7.17x debt-to-equity ratio that presents acute solvency risk.

ChatGPT

Bally's fundamentals are weak, with negative operating income, a large net loss, and negative free cash flow despite a sizable $1.69B revenue base. The balance sheet is highly stressed, with very high leverage, thin equity, weak liquidity, and effectively no interest coverage, which makes the quality of any future growth highly dependent on external financing and execution improvement.

Why Buy Bally's Corp Stock? BALY Key Strengths

Claude
  • + Revenue base of $1.7B provides ongoing operational cash inflows
  • + Maintains $160.7M in cash and equivalents providing near-term liquidity cushion
  • + Hotels & Motels sector has potential for operational improvements and margin expansion
ChatGPT
  • + Large revenue base indicates meaningful operating scale
  • + Asset base of $7.55B provides a substantial operating footprint
  • + Revenue remains large enough that margin recovery could materially improve results if execution stabilizes

BALY Stock Risks: Bally's Corp Investment Risks

Claude
  • ! Massive net loss of $296.8M demonstrates inability to generate profitability at current operational levels
  • ! Critically weak liquidity position (0.68x current ratio) with current liabilities exceeding current assets, creating immediate solvency concerns
  • ! Extremely high leverage with 7.17x debt-to-equity ratio and negative interest coverage (-0.0x), indicating difficulty servicing debt obligations
  • ! Negative free cash flow of -$160M annually despite capital expenditures, unsustainable without refinancing or asset sales
  • ! Deteriorating operational efficiency with negative operating margin and cash burn suggesting structural business problems
ChatGPT
  • ! Very high leverage with debt/equity of 7.17x and $3.74B in long-term debt
  • ! Weak liquidity with a 0.68x current ratio and limited cash relative to obligations
  • ! Negative operating cash flow and negative free cash flow increase refinancing and capital pressure

Key Metrics to Watch

Claude
  • * Operating cash flow trend and path to positive FCF generation
  • * Debt refinancing status and covenant compliance
  • * Net margin improvement toward breakeven profitability
  • * Current ratio recovery above 1.0x to stabilize liquidity position
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Leverage, liquidity, and interest coverage improvement

Bally's Corp (BALY) Financial Metrics & Key Ratios

Revenue
$1.7B
Net Income
$-296.8M
EPS (Diluted)
$-4.90
Free Cash Flow
$-160.0M
Total Assets
$7.6B
Cash Position
$160.7M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

BALY Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -0.2%
Net Margin -17.6%
ROE -56.9%
ROA -3.9%
FCF Margin -9.5%

BALY vs Real Estate Sector: How Bally's Corp Compares

How Bally's Corp compares to Real Estate sector averages

Net Margin
BALY -17.6%
vs
Sector Avg 20.0%
BALY Sector
ROE
BALY -56.9%
vs
Sector Avg 8.0%
BALY Sector
Current Ratio
BALY 0.7x
vs
Sector Avg 1.5x
BALY Sector
Debt/Equity
BALY 7.2x
vs
Sector Avg 1.5x
BALY Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Bally's Corp Stock Overvalued? BALY Valuation Analysis 2026

Based on fundamental analysis, Bally's Corp shows some fundamental concerns relative to the Real Estate sector in 2026.

Return on Equity
-56.9%
Sector avg: 8%
Net Profit Margin
-17.6%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
7.17x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Bally's Corp Balance Sheet: BALY Debt, Cash & Liquidity

Current Ratio
0.68x
Quick Ratio
0.66x
Debt/Equity
7.17x
Debt/Assets
93.1%
Interest Coverage
-0.02x
Long-term Debt
$3.7B

BALY Revenue & Earnings Growth: 5-Year Financial Trend

BALY 5-year financial data: Year 2021: Revenue $1.3B, Net Income $55.1M, EPS $1.46. Year 2022: Revenue $2.3B, Net Income -$5.5M, EPS $-0.18. Year 2023: Revenue $2.4B, Net Income -$114.7M, EPS $-2.31. Year 2024: Revenue $2.5B, Net Income -$425.5M, EPS $-7.32. Year 2025: Revenue $2.5B, Net Income -$567.8M, EPS $-11.71.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Bally's Corp's revenue has grown significantly by 85% over the 5-year period, indicating strong business expansion. The most recent EPS of $-11.71 indicates the company is currently unprofitable.

BALY Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-9.5%
Free cash flow / Revenue

BALY Quarterly Earnings & Performance

Quarterly financial performance data for Bally's Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $220.5M -$51.0M $-1.05
Q2 2025 $220.5M $34.5M $-1.05
Q1 2025 $220.5M $34.5M $0.57
Q3 2024 $630.0M -$25.7M $-1.15
Q2 2024 $606.2M -$25.7M $-0.48
Q1 2024 $598.7M -$173.9M $3.24
Q3 2023 $578.2M $593.0K $0.01
Q2 2023 $552.5M $1.9M $-0.48

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Bally's Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$29.8M
Cash generated from operations
Stock Buybacks
$416.2M
Shares repurchased (TTM)
Capital Expenditures
$130.2M
Investment in assets
Dividends
None
No dividend program

BALY SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Bally's Corp (CIK: 0001747079)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A baly-20260409.htm View →
Mar 25, 2026 4 xslF345X06/wk-form4_1774473922.xml View →
Mar 25, 2026 4 xslF345X06/wk-form4_1774473917.xml View →
Mar 25, 2026 4 xslF345X06/wk-form4_1774473912.xml View →
Mar 25, 2026 4 xslF345X06/wk-form4_1774473907.xml View →

Frequently Asked Questions about BALY

What is the AI rating for BALY?

Bally's Corp (BALY) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 94% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BALY's key strengths?

Claude: Revenue base of $1.7B provides ongoing operational cash inflows. Maintains $160.7M in cash and equivalents providing near-term liquidity cushion. ChatGPT: Large revenue base indicates meaningful operating scale. Asset base of $7.55B provides a substantial operating footprint.

What are the risks of investing in BALY?

Claude: Massive net loss of $296.8M demonstrates inability to generate profitability at current operational levels. Critically weak liquidity position (0.68x current ratio) with current liabilities exceeding current assets, creating immediate solvency concerns. ChatGPT: Very high leverage with debt/equity of 7.17x and $3.74B in long-term debt. Weak liquidity with a 0.68x current ratio and limited cash relative to obligations.

What is BALY's revenue and growth?

Bally's Corp reported revenue of $1.7B.

Does BALY pay dividends?

Bally's Corp does not currently pay dividends.

Where can I find BALY SEC filings?

Official SEC filings for Bally's Corp (CIK: 0001747079) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BALY's EPS?

Bally's Corp has a diluted EPS of $-4.90.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BALY a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Bally's Corp has a STRONG SELL rating with 94% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BALY stock overvalued or undervalued?

Valuation metrics for BALY: ROE of -56.9% (sector avg: 8%), net margin of -17.6% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy BALY stock in 2026?

Our dual AI analysis gives Bally's Corp a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BALY's free cash flow?

Bally's Corp's operating cash flow is $-29.8M, with capital expenditures of $130.2M. FCF margin is -9.5%.

How does BALY compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin -17.6% (avg: 20%), ROE -56.9% (avg: 8%), current ratio 0.68 (avg: 1.5).

Is Bally's Corp carrying too much debt?

BALY has a debt-to-equity ratio of 7.17x, which is above the Real Estate sector average of 1.5x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-09-30 | Powered by Claude AI